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even in the example of governor romney is suggesting that if we had spending cuts in defense, it would kill jobs in virginia. >> that is where you need leadership from the top. i will point back to the governors. successful governors do two things really well -- provide leadership and propose a bold initiatives to their legislatures. they also have a strategy or a blueprint, if you will, for economic growth for the future. those are the successful governors. >> no president has had the reorganization of authority since ronald reagan. it expired in the 1980's. i think that needs to come back. i would put back the authority lost after the nixon area -- era. there has got to be a combination. you cannot leave the size and the structure of the garment we have in place. this is a government functions on an old model despite a 20 per century technology model. it is painful and slow. look at the demographics of the federal work force. they are aging. attrition would take care of a lot of this, if it could be accompanied by risk management. president obama, the largest management he has -- he
even in the example of governor romney is suggesting that if we had spending cuts in defense, it would kill jobs in virginia. >> that is where you need leadership from the top. i will point back to the governors. successful governors do two things really well -- provide leadership and propose a bold initiatives to their legislatures. they also have a strategy or a blueprint, if you will, for economic growth for the future. those are the successful governors. >> no president has had...
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cracker barrel is playing defense. the restaurant chain is defending its newly appointed chairman, james bradford. earlier this week the chain's owner, biglari holdings, said bradford had lied on his resume. cracker barrel claims there was a misunderstanding. apple prices are climbing far from the tree. at the retail level, apple prices are on the rise. it's due to fluctuating temperatures that hit the crop last spring and killed apple blossoms across the nation. this will reportedly cause prices to rise by as much as a dollar a pound. the price of apple juice could rise by as much as 20%. former ge ceo jack welch is out at fortune magazine according to reports. last week, welch questioned the drop in the unemployment rate to 7.8%. he famously tweeted, "unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers." the comments caught widespread traction. critics, however, included a fortune manager. fortune.com posted an article highlighting that ge lost 100,000 jobs under welch's lea
cracker barrel is playing defense. the restaurant chain is defending its newly appointed chairman, james bradford. earlier this week the chain's owner, biglari holdings, said bradford had lied on his resume. cracker barrel claims there was a misunderstanding. apple prices are climbing far from the tree. at the retail level, apple prices are on the rise. it's due to fluctuating temperatures that hit the crop last spring and killed apple blossoms across the nation. this will reportedly cause...
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our approach was to basically consider five plausible defense that could follow a nuclear iran and have an impact on oil supply and demand over three years. some were probable -- more plausible but others. the five are greater political stability in saudi arabia, more attacks on saudi arabia facilities, potential saudi- iranian nuclear exchange, and potential is really a nuclear exchange, and what happens if a nuclear iran allows the to affect the oil market. we took these events. and assigned probabilities to the events. and we assess how it would impact the risk premium of the oil price. and to be clear, markets -- clean oil markets react to change expectations for future supply and demand. people often think, if there is a disruption, the market is affected. obviously is. but the expectation of change in supply and demand alone affects the market. and that is more of the focus of our report, on the expectation. once the book of how these expectations will affect the market, we bending macroeconomic analysis on what this would -- how it would impact the united states economy. our key
our approach was to basically consider five plausible defense that could follow a nuclear iran and have an impact on oil supply and demand over three years. some were probable -- more plausible but others. the five are greater political stability in saudi arabia, more attacks on saudi arabia facilities, potential saudi- iranian nuclear exchange, and potential is really a nuclear exchange, and what happens if a nuclear iran allows the to affect the oil market. we took these events. and assigned...
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crisp had defensive miscues earlier in the series, but time this is beautifully. bottom of the fifth, seth smith connects. a bomb in center field. that extends the as leaded to 2-0. sixth inning, bret anderson on the mound. gets cabrera swinging to end the frame. anderson just two hits, struck out six in six innings of work. seventh inning, prince fielder drills one in the gap. a diving catch. tigeyin tigers can't get anything going. a game ending double play, fielder was the tying run right there. as live to fight another day. they'll face another must win game tonight at home in oakland. in the national league, giants facing elimination on the road in cincinnati. both starting pitchers dealing in this one. homer bailey gets crawford swinging. sixth consecutive strikeout. he took a no-hitter into the sixth inning. giants starter matching him pitch for pitch. the score is tied at one. both teams combining for just five hits through the first nine innings before they headed to extras. here in the tenth eniinning, sc tied, two outs. a high hopper to scott roland. ca
crisp had defensive miscues earlier in the series, but time this is beautifully. bottom of the fifth, seth smith connects. a bomb in center field. that extends the as leaded to 2-0. sixth inning, bret anderson on the mound. gets cabrera swinging to end the frame. anderson just two hits, struck out six in six innings of work. seventh inning, prince fielder drills one in the gap. a diving catch. tigeyin tigers can't get anything going. a game ending double play, fielder was the tying run right...
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have been not only industrial espionage but also, a full-scale assault on the mosost importantf our defense pro pry tear information, so in that sse they have done a lot of attacks, are they trying to operate on the quirketty exchanges wit alga rythms to disrupt trading might be another questio lou:t seems that wall street having enough success on its own thank you. using these high frequency trading, higy sophisticated series of programmac trades, last week, 4% of the volume estimated to have been because of one algorithm carrying out false trades if you will, a scout program on the market, this is getng stud, is it not? about well, -- >> wall street? >> yeah, the scout program,s you say, a euphemism foror an attempt to manipulate eity markets in a parcular way with vast amount of trading on a short periodf time, 70% is high frequency, it can be disguised in this massi share of market gain by high frequeny trading, this is danger. the exchanges have to do much more about curtailing it. lou: i think we should be clear with our audience, high frequency firms are often associated with and par
have been not only industrial espionage but also, a full-scale assault on the mosost importantf our defense pro pry tear information, so in that sse they have done a lot of attacks, are they trying to operate on the quirketty exchanges wit alga rythms to disrupt trading might be another questio lou:t seems that wall street having enough success on its own thank you. using these high frequency trading, higy sophisticated series of programmac trades, last week, 4% of the volume estimated to have...
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ugh 2012, unclassified report called al-qaeda in libya, profile, by the defense department combating terrorism office and library of congress states under the direction of the al-qaeda senior leadership, affiliates in libbia, al-qaeda in islamic magrab and al-sharia are gaining strength, likely joining forces and are in the expansion phase. september 5 and 6. at the convention in charlotte, democrats touted crippling of al-qaeda. >> ask usama bin laden if he is better off now than he was four years ago. >> al-qaeda is on the path to defeat. and bin laden is dead. >> four nights later september 10, a video surfaces of al-qaeda emir, the spiritual leader. ayman al-zawahiri calling for jihadists to avenge the death of the libyan terrorist. who was killed in a drone strike in june. on the 11 anniversary of the 9/11 attack, protests erupt. u.s. embassy in cairo puts out a statement condemning the video. 8:30 p.m. local time in benghazi, 2:30 p.m. eastern. u.s.m bass dore chrissteins says good night to a visiting turkish diplomat, escorting him to the front gate of the compound. officials
ugh 2012, unclassified report called al-qaeda in libya, profile, by the defense department combating terrorism office and library of congress states under the direction of the al-qaeda senior leadership, affiliates in libbia, al-qaeda in islamic magrab and al-sharia are gaining strength, likely joining forces and are in the expansion phase. september 5 and 6. at the convention in charlotte, democrats touted crippling of al-qaeda. >> ask usama bin laden if he is better off now than he was...
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they are playing mostly defense and trying to win back the states that bush won in 2004. but something has changed. but what has changed is going back to where we were, essentially atied it race, a slight obama advantage. i think that probably still applies. there will be a lot of ballgame still to be played the next month to hash this out. romney got himself back in the conversation. he needed a big moment last week. he did change the story and got himself something more positive, to going into the v.p. debate. >> they are tied but psychological, but romney is a tick up. they are essentially tied. >> the psychology of not looking like a loser is huge. there is a secondary effect, where you get into a spiral. you are behind the polls and you think you are a loser and everything seems like -- the thing only a loser would do. i think he has broken the depth spiral. there is a secondary bounce that will come out of just -- one tick up in the polls, even if he is not leading the race. >> he really was in danger of getting into that spiral. what he got from the debate was what
they are playing mostly defense and trying to win back the states that bush won in 2004. but something has changed. but what has changed is going back to where we were, essentially atied it race, a slight obama advantage. i think that probably still applies. there will be a lot of ballgame still to be played the next month to hash this out. romney got himself back in the conversation. he needed a big moment last week. he did change the story and got himself something more positive, to going...
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. >> obama's been on defense the last week. >> woo vepolling data now... that shows that romney is ahead, wherever he is ahead. i think he has been ahead for months or weeks. i don't think it happened overnight. but they are all saying romney is surging. >> he was on the stage with the president of the united states. he looked like he was in command. he was in charge of the entire discussion. i think that's the reason the polls are tightening right now. >> i told you 3 months ago, 2 months ago and 1 month ago, if the election were held on that day, it would be a landslide romney. >> the facts are the facts. we just saw them come to light in the last debate. with no outside b.s., no bias, media, no interruptions and negative political ads every five seconds. and most importantly, no damn teleprompters. >> the debate is not just shifting the polls. the debate is creating momentum. >> this business of just going out and calling a candidate for the president of the united states, a liar, just say liar, liar, this is a new low. this is a really -- really a new
. >> obama's been on defense the last week. >> woo vepolling data now... that shows that romney is ahead, wherever he is ahead. i think he has been ahead for months or weeks. i don't think it happened overnight. but they are all saying romney is surging. >> he was on the stage with the president of the united states. he looked like he was in command. he was in charge of the entire discussion. i think that's the reason the polls are tightening right now. >> i told you 3...
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about a year ago they spun out their defense and water business. i think the management is very shareholder driven. the yield is compelling, and they're going to grow the yield. another name that looks compelling to me is the housing market continues to improve. lowe's, very shareholder driven. valuation at a discount to home depot. i think there's a couple ideas. >> itt as a small cap. harold jeanine is spinning in a grave somewhere. if you don't know who he is, look him up. >> i was going to ask dan the same question. what with would you do? >> i think ben bernanke is telling you you have to move out on the risk curve. two stocks we like, the gwr in the new york stock exchange. just fantastic long-term record. made what probably will be looked at as one of the most important strategic moves by buying rail america. very, very high-quality asset. the other company we like a lot is mtw, maker of trains and other industrial food service equipment. company just raised money in the high-yield bond market at 5 7/8 for a ten-year term. not so high yield,
about a year ago they spun out their defense and water business. i think the management is very shareholder driven. the yield is compelling, and they're going to grow the yield. another name that looks compelling to me is the housing market continues to improve. lowe's, very shareholder driven. valuation at a discount to home depot. i think there's a couple ideas. >> itt as a small cap. harold jeanine is spinning in a grave somewhere. if you don't know who he is, look him up. >> i...
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he was a defensive lineman for the lions in the '60s. this year, he and thousands of former nfl players sued the league arguing they could have received more protection. after retiring from football, he appeared in "blazing saddles" and "webster." he was 77 years old. >>> coming up, congress demands answers about a meningitis outbreak that killed at least 12 people across the country. >> and a consumer alert for car owners. yet government said you should be worried if you had your air bag replaced recently. >> and looks like the beautiful fall weather is going to last. gary's back with more details coming up. let me tell you how i will create 12 million jobs when president obama couldn't. first, my energy independence policy means more than three million new jobs. many of them in manufacturing. my tax reform plan to lower rates for the middle class and for small business creates seven million more. and expanding trade, cracking down on china, and improving job training takes us to over 12 million new jobs. i'm mitt romney, and i approve
he was a defensive lineman for the lions in the '60s. this year, he and thousands of former nfl players sued the league arguing they could have received more protection. after retiring from football, he appeared in "blazing saddles" and "webster." he was 77 years old. >>> coming up, congress demands answers about a meningitis outbreak that killed at least 12 people across the country. >> and a consumer alert for car owners. yet government said you should be...
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now we learn the defense secretary leon panetta has sent our troops to georgia. to make a clear statement of support to our jordanian allies and an unmistakable signal to turkey and iran to take some care and some caution. my guest tonight is no stranger to foreign policy. the white house is running from the political fallout and a crumbling middle east. joining us now is k.t. mcfarland. it is great to have you with us. let's start with the testimony before the house oversight committee,. >> what happens in an election year is that the policy misfires. the administration from the white house, wants to get as far away from the president as he can. so he has no idea who did what, when did they do it, who said what. eventually the dust settled and then what happens is the administration has to blame everybody. lou: it's inconceivable that the president of the united states three weeks into this tragedy is talking about an internet video and not talking about terrorism, the terrorists who killed an american ambassador and at the same time, the parent steps for retrib
now we learn the defense secretary leon panetta has sent our troops to georgia. to make a clear statement of support to our jordanian allies and an unmistakable signal to turkey and iran to take some care and some caution. my guest tonight is no stranger to foreign policy. the white house is running from the political fallout and a crumbling middle east. joining us now is k.t. mcfarland. it is great to have you with us. let's start with the testimony before the house oversight committee,....
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. >> governor romney, as president, would you have signed the national defense act as written? >> yes, i would have. >> dana, julian, this guy -- his memory is so good, he remembers things that didn't happen. >> right. >> well, look, this is actually a relatively controversial issue about whether merndz can be detained during a period of war indefinitely -- >> a position he agreed with previously and said he would sign the legislation. >> not only that, this is a position that's been debated intensely after 9/11. it's possible not to understand this issue or to have a position on it at this point. and it goes to the point, again, this is a guy who will, you know, say and do anything in order to get elected and really has no core. but again, i think that's a useful narrative. but i want to go back to the earlier point, which is there is so much meat on the table for the democrats right now f you go after the tax plan, the health plan, the fact that mitt is still hiding information on his taxes, i think what is missing here is not so much increasing the narrative on all of his --
. >> governor romney, as president, would you have signed the national defense act as written? >> yes, i would have. >> dana, julian, this guy -- his memory is so good, he remembers things that didn't happen. >> right. >> well, look, this is actually a relatively controversial issue about whether merndz can be detained during a period of war indefinitely -- >> a position he agreed with previously and said he would sign the legislation. >> not only that,...
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the state department last night came out with whatever it is, defensive statement, whatever. but their spokesman said with great clarity that there was no protest about a videotape that everyone's talked about. in effect, that undermines the susan rice story, undermines hillary and president obama. this is from the state department. this is what we've known. this is a cover-up or a falsehood or something that is going to blow up. >> reporter: i don't know about blow up, larry. but susan rice was wrong. the president was wrong. hillary clinton was wrong when they said weeks ago what they said. state department now acknowledges that. but the white house insists it never intentionally lied. they say they told the truth as they knew it all along. >> we're going to leave it there. steve handelsman, thanks very much. there wasn't a riot over some youtube videotape. it was an organized terror attack. and, yes, inadequate security. so the question is, what did the president and hillary clinton know and when did they know it? with all this sworn testimony, this really does smell of a
the state department last night came out with whatever it is, defensive statement, whatever. but their spokesman said with great clarity that there was no protest about a videotape that everyone's talked about. in effect, that undermines the susan rice story, undermines hillary and president obama. this is from the state department. this is what we've known. this is a cover-up or a falsehood or something that is going to blow up. >> reporter: i don't know about blow up, larry. but susan...
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energy, finance, technology, or defense i say their is a global battle. i believe in leading from the flood. [applause] to get our economy on a rise there's a lot more that we need to do. frankly, there's a lot more fight to be had. the yes the know. our businesses need to expand but we cannot perform planning. for business to expand it needs places to build. if it just takes too long they will just build elsewhere. but wanted to open a big fat draft. but the council was going to take so long to approve the decision that they're building the factory on the continent and taking hundreds of jobs. if you're going to be a winner in this global race we have to be off this suffocating bureaucracy once and for all. [applause] and then there are those who say yes of course we need more housing but no to every development. house building is that just of vital engine of our economy. it does much wider and bigger than that. it's okay for my generation. many of us got on the latter. but the average age, someone buys their own today without help from the parents. thir
energy, finance, technology, or defense i say their is a global battle. i believe in leading from the flood. [applause] to get our economy on a rise there's a lot more that we need to do. frankly, there's a lot more fight to be had. the yes the know. our businesses need to expand but we cannot perform planning. for business to expand it needs places to build. if it just takes too long they will just build elsewhere. but wanted to open a big fat draft. but the council was going to take so long...
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the secretary of defense has called those kinds of cuts devastating to our national security. i will not cut our military. i will restore that funding and keep our military second to none in the world. [cheers] [applause] now, there is one more place where you saw a distinction between the two of us. we were asked about how we would get the economy going and create jobs. and i hope that you listen carefully to the president's response. because what he said is reminiscent of what he said four years ago, with stimulus and hiring government workers and raising taxes, those things do not create jobs. those don't help the private sector employment of people and expand. those do not encourage entrepreneurs to start more businesses. his plans do not create jobs for the american people. i actually have a plan that will create 12 million new jobs and get rising incomes going again. either by the way, the median income of an american family over the last four years has gone down so much as a family. crude oil costs are up, health care costs are up, these have been tough times for middle
the secretary of defense has called those kinds of cuts devastating to our national security. i will not cut our military. i will restore that funding and keep our military second to none in the world. [cheers] [applause] now, there is one more place where you saw a distinction between the two of us. we were asked about how we would get the economy going and create jobs. and i hope that you listen carefully to the president's response. because what he said is reminiscent of what he said four...
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to a zone defense. i think that is an important point to make. the other. that was made earlier about the reduction of sst by six persons, that is something colonel wood could back me up on. they did not leave country. those six sst were on a compound, could provide internal defense support. what they were doing was involved in training and liaison with libyan special forces. why were we doing that? as i testified before, we have no ability to call upon a host nation, forcing the event we were attacked. the conclusion was one such force we might be able to count on. we saw that very much as bolstering our internal defense and footprint. >> we placed in front of you something a different whistle blower gave us. is that the document you were referring to? from march 28? >> this is a specific one in terms of a follow-up for support. there was an earlier document in march where we adjusted our movement transportation because we simply would not have the bodies to provide a security agent in each vehicle. >>
to a zone defense. i think that is an important point to make. the other. that was made earlier about the reduction of sst by six persons, that is something colonel wood could back me up on. they did not leave country. those six sst were on a compound, could provide internal defense support. what they were doing was involved in training and liaison with libyan special forces. why were we doing that? as i testified before, we have no ability to call upon a host nation, forcing the event we were...
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requests to have fully armed units at that consulate, and a request to extend a special team from the defense department was also denied. >> reporter: thank you so much catherine herridge. we'll listen to more of the testimony in a moment. but we want to remind you about the four americans who lost their lives in service to our country. ambassador chris stevens had devoted his life to a career in international relations. before serving as our ambassador to libya ambassador stevens was 52 years old. shaun smith was a ten year veteran of the state department, married, a father of two. glen doughtry was working for a private company when he was killed. he had spent 9 years as a navy seal. 42 years old. tyrone woods spent two decades as a seal and began a career as an independent contractor. he is survived by a wife and three sons. the state department is describing how this attack unfolded. let's list even in for a moment. >> my friends and colleagues, and i trust them with my life. >> thank you. i would direct that that chart be taken down. upon further refle reflection though commercially avai
requests to have fully armed units at that consulate, and a request to extend a special team from the defense department was also denied. >> reporter: thank you so much catherine herridge. we'll listen to more of the testimony in a moment. but we want to remind you about the four americans who lost their lives in service to our country. ambassador chris stevens had devoted his life to a career in international relations. before serving as our ambassador to libya ambassador stevens was 52...
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he wants to spend on defense. he gave a speech to the virginia military institute where he talked about if i'm president i'll buy 11 ships and including three submarines. that's a lot of money. >> the admirals don't even want the ships. just the military industrial complex wants to make the ships. >> do you want to take this one? >> you got the line. we're going to rebuild spending on the homeland. >> my bad, yeah. >> in all seriousness. >> because al qaeda's got the submarines threatening. >> governor, you're an elected official. you know when you run on a plan, you can't get -- there's a danger in getting so specific up front that you give away the house before you've even been elected into office. so mitt romney has laid down the principles by which he's going to govern and also banking on economic growth that is factored into the numbers that the cbo uses when they project out the fact check. >> just because mitt romney gets elected president doesn't mean we're going to grow like china. we might get back to 2.
he wants to spend on defense. he gave a speech to the virginia military institute where he talked about if i'm president i'll buy 11 ships and including three submarines. that's a lot of money. >> the admirals don't even want the ships. just the military industrial complex wants to make the ships. >> do you want to take this one? >> you got the line. we're going to rebuild spending on the homeland. >> my bad, yeah. >> in all seriousness. >> because al qaeda's...
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and that was always his defense. i did the tests, they knock on my door in the middle of the night, they come in, i do the test, i always pass. one of his former teammates said, well, i was cheating and i passed hundreds of tests as well. they have so much evidence against him. here is the list. they say they have eyewitness, documentary, firsthand, scientific, direct and circumstantial evidence and testimony from 11 former teammates. they have got 15 riders on record, 26 people in total have given sworn testimony. it doesn't look at all good for lance, does it? >> it doesn't at all, especially when he's quoted from this usada statement. lance armstrong was given the same opportunity to come forward and be part of the solution. he rejected it. what have we heard. what has cnn heard from lance armstrong or his attorney? >> he had the opportunity earlier this year to fight the charge. he said no. he basically thinks it is a witch-hunt, a kangaroo court. he thinks he can't win anyway. he thinks the whole system is set u
and that was always his defense. i did the tests, they knock on my door in the middle of the night, they come in, i do the test, i always pass. one of his former teammates said, well, i was cheating and i passed hundreds of tests as well. they have so much evidence against him. here is the list. they say they have eyewitness, documentary, firsthand, scientific, direct and circumstantial evidence and testimony from 11 former teammates. they have got 15 riders on record, 26 people in total have...
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claimed the case was rushed to court and that he didn't have time to prepare a proper defense. >> i just think there were so many different parties involved in this who wanted this to go away. >> reporter: sandusky's security will likely be an issue as authority try to figure out where to place him in the prison population as the nature of his crimes may make him a target for other inmates. t.j. winick, abc news, bellefonte, pennsylvania. >> they have to make special arrangements, you can't put this man in general population considering the high profile nature of the case and the crime. >> the crime especially. you know historically they are housed separately, especially child sex offenders. >> yeah. >> there is court justice. >> child sex offenders. >> yeah, jail deals with those people differently than the courtroom does. two levels of justice. let me ask you this, he didn't speak at trial. why come out with the statement the day before the sentencing and why speak at the sentencing yesterday? >> completely bizarre. it is his right not to speak at trial. typically defendants don't. wha
claimed the case was rushed to court and that he didn't have time to prepare a proper defense. >> i just think there were so many different parties involved in this who wanted this to go away. >> reporter: sandusky's security will likely be an issue as authority try to figure out where to place him in the prison population as the nature of his crimes may make him a target for other inmates. t.j. winick, abc news, bellefonte, pennsylvania. >> they have to make special...
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due in large part to the a's defense. 2-0 in the ninth. grant balfour on to close the door. fielder grounds into the double play. he was the tieing run right there. the a's live to fight another day. they have another must-win game tonight in oakland. >> can they do it, can they come back? >> sure they can. you can't win two games at home? of course you can. >> a team of destiny. >> the tigers will win this. >> i love the tigers and a's and orioles. there's great teams. >> all day today baseball, joe. >> here's your line-up from 1:00 to midnight. >> i love the orioles and the tigers and the a's. >> watch out for the reds. >> by the way, the giants won in cincinnati last night to keep their season alive. a little nfl. despite monday night's ugly performance by mark sanchez in the jets' loss to the texans, rex ryan says sanchez is still his man. asked yesterday if sanchez will remain the starter, ryan said, quote, no question. when you look at it, he played pretty good. i thought he was accurate. >> is he drinking again? 45%, 45%. >> we love rex ryan, but here are the numbers
due in large part to the a's defense. 2-0 in the ninth. grant balfour on to close the door. fielder grounds into the double play. he was the tieing run right there. the a's live to fight another day. they have another must-win game tonight in oakland. >> can they do it, can they come back? >> sure they can. you can't win two games at home? of course you can. >> a team of destiny. >> the tigers will win this. >> i love the tigers and a's and orioles. there's great...